406 S Mulberry Street, Maryville, MO 64468
- $245,000
- List Price
- $245,000
- MLS#
- 2642200
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 9,504
- Acres
- 0.22
Property Description
Two Homes on One Lot – Great Income or Live-In Opportunity! This unique property offers two homes on one lot with combined current income of $2,300/month, making it a great option for an investor or an owner-occupant looking for rental income to help offset the mortgage. The main home offers 4 bedrooms and 1.5 baths and has been updated with new flooring, interior paint, and kitchen cabinets. It also features a newer heated 2-car detached garage/workshop. The main home is currently leased at $1,500/month with the tenant paying utilities. The tenant is expected to vacate at the end of September and may be willing to vacate sooner if a buyer would like to owner occupy. The second home, 412 W Cooper, is a 1-bedroom, 1-bath home that has been completely refreshed with a new kitchen and bathroom with walk-in shower, plus new flooring and paint. It is currently vacant, but the tenant continues to pay $800/month under the existing lease. The tenant is agreeable to an early lease termination, giving a buyer the option to owner occupy or re-rent. Both homes have newer siding, windows, and HVAC. This property offers flexibility for an investor, parent looking for college-age housing, or an owner-occupant who wants income from the second residence. Room count and square footage listed are for the main 4-bedroom home.
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Additional Information
- Year Built
- 1930
- School District
- Maryville
- Garage
- Yes
- Basement
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Vinyl Siding
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air
- Taxes
- $1,232
- Zoning
- GF
Mortgage Calculator
Listing courtesy of Julie Tobin of Shirleys Realty.
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